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|Comment from IGF Invoice Finance on SMEs and the Emergency Budget|
|Wednesday, 08 July 2015|
Tracy Ewen, managing director of IGF Invoice Finance, comments on the Emergency Budget and its impact on SMEs:
“Any guarantee from the government committing to a policy that will give SMEs the confidence to invest in growth projects must be applauded. By permanently setting the Annual Investment Allowance at £200,000, SMEs don’t need to worry about the repercussions of spending on plant or machinery that will help their business grow. With research we have conducted revealing that nearly half of SME owners always feel nervous about borrowing, this policy will hopefully have a positive impact on both local economies and the national economy as a whole.
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